Wednesday, August 04, 2010

Poison Pill: The New Senate Energy Bill

Poison Pill: The New Senate Energy Bill
Hat tip to Ice Cap on the American Thinker article here:
And then there is the section of the Senate bill dedicated to the new federal building code. Originally rolled out in the House's energy plan, the code -- which supersedes all state and local measures and is thoroughly detailed in my book, Climategate -- now has a name: "The Home Star Retrofit Act of 2010." This Act places a hard squeeze on every property owner to spend thousands of dollars in environmental compliance upgrades in a time of economic stringency and falling home prices.

Federal dollars will be paid to those who decrease their energy usage. With the Smart Meters being installed across the country (mandated in the 2005 energy law and capable of recording your energy usage minute by minute), the government will be able to accurately determine your carbon footprint. To entice you to reduce your footprint, rewards of $3,000 will be given for a 25-percent reduction in energy consumption, and $1,000 more for each 5-percent reduction achieved -- up to a maximum of $8,000. A similar plan is proposed for water consumption.

Additionally, federal rebates of up to another $8,000 per home are available for upgrading doors, windows, insulation, roofs, water heaters, air conditioners, etc.

Even with the government kickbacks, if you're still unable to afford all of the upgrades, Section 3015 declares that Fannie Mae will be the official lender to provide you with a "Home Star Efficiency Loan." This means taxpayer sponsored Fannie will be taking on even more debt.

As one who has written extensively about the ideological machinations of the environmental movement and its leaders, I can tell you that this Senate bill is everything they wished could have been packed into the original House proposal.

If the Senate bites on this legislation, an airsickness bag will be required. The bill will go to committee, be conjoined with the massive House plan, and be presented to a lame duck Congress who will ram the bad medicine down our throats.

We need to hound the Senate now. Tell them to keep this poison pill away from their lips.

Brian Sussman is a former television meteorologist and the author of Climategate: a veteran meteorologist exposes the global warming scam. He hosts the morning show on KSFO, 560AM, in San Francisco.

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